trending Market Intelligence /marketintelligence/en/news-insights/trending/AkVjFdONlpqbXL4TntMrdw2 content esgSubNav
In This List

Hao Wen Holdings expects loss for FY'18


Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations


Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)


Banks’ Response to Rising Rates & Liquidity Concerns

Hao Wen Holdings expects loss for FY'18

Hong Kong-based Hao Wen Holdings Ltd. expects to record a consolidated loss for the fiscal year ended Dec. 31, 2018.

The company said the loss was mainly attributable to provisions for impairment loss of receivables and impairment loss on interest in associates.

For the year ended Dec. 31, 2017, Hoa Wen Holdings reported a loss attributable to owners of approximately 61 million Chinese yuan.

As of March 20, US$1 was equivalent to 6.69 Chinese yuan.